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20121226
20121226
Search Results 0 to 16 of about 17 (some duplicates have been removed)
and pennsylvania later on. i slide further to the east, notice the snow hitting the city of cleveland, pittsburgh, buffalo, burlington, a lot of snow in interior new england. we're looking at over a foot of snow. a couple of inches for new york city and boton. if that's not enough. we have severe storms right now sweeping across the southeast. these are the same storms that brought the tornado you saw pictures of earlier to mobile, alabama. we're not done yet. frequent lightning strikes, in georgia. luckily, today, a smaller geographic area, but a busy day, people heading back to the stores and traveling today. right here across parts of south carolina and parts of north carolina, are you seeing the threat of severe weather and the eastern half of georgia, jacksonville, florida. if you are driving in the region, please make sure you are aware of damage. we have mountain snow out west. a really unsettled weather pattern and unusual for this holiday week. alina. >> have you been very busy, bone eschneider. >>> other top stories, wleerning about that guy that killed firefighters on christmas eve mor
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and them -- now that's progressive. call or click today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. restore revive rejuvenate rebuild rebuild rebuild >>> whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. and with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> that's president obama delivering his victory speech on election night. in the end the race wasn't even close. maybe mitt romney didn't even have a chance. his fellow gop contenders feasted on one of their
down over the skyline in mobile, alabama. it's just one of several twisters reported in that city, and residents are telling us they felt surrounded. >> and when it come down, we looked and everything seemed green like it was popped off transformers left and right. we heard a noise, and then all of a sudden i took off and off and started walking down here. >> i prayed to god as loud as i could and, i was just praying for my safety. i knew that the truck was knew the truck was shaking. i just prayed that the truck stay put and that god would protect me. jamie: a lot of praying going on in that part of the country. they're used to this kind of weather, but just not now. mother nature is also taking a toll on the midwest. take a look at this, snow and ice-covered roads have forced residents to stay indoors. they're patiently waiting for the storm to pass, at least we hope so. news extreme weather center. i'm surprised, maria when we look at video how many people are on the roads. that's crazy. >> stay home today. stay home with your families if you don't have to go to work. those con
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expect it to turn into rain. the snow will pileup northwest of those cities. 30 miles will make a big difference between four to 8 inches of snow and sleet and freezing rain on top of it. that whole major core door right on the battleground, it is almost all snow and up to a foot of snow. this is a nasty situation. we have one coming before new year's. i do not think it will be as big as this one. winter is definitely here. no question about that. dagen: how bad will winter get? >> we do not have as that of winter as 2009, 2010 and 2011. it will certainly be worse than last year. people are saying fiscal whether it will just by. i believe it will go by and come right back in again. is we sell this in 93 and 94 and then it came on. it has been brutal in asia. people have been talking about how warm it is in the united states. dagen: do not like it. not one bit. merry christmas. happy new year. >> it is the holiday season, you need some snow, but not this much. dagen: crazy amounts of snow in illinois and indiana. great to see you. merry christmas. happy new year. starbucks launches a n
, they barely give a thought to other motorists. not a day goes by in chinese cities without a traffic accident. >> translator: when i am in a hurry, i cross streets even against red lights if there are no cars. >> translator: in china we have only one way to cross. if we all go at once, the green light is as good as on. >> translator: pedestrians have bad manners, but cyclists are the worst. they go too fast. >> reporter: chinese police conducted a survey of 10,000 people. they released their findings in november. almost 7 out of 10 people say they've ignored traffic lights. what did they do when people on foot tried to use a crosswalk without a signal? fewer than 30% of respondents say they would give the right of way and stop to allow pedestrians to cross. almost 40% say pedestrians should wait until the car has passed. as more people become better off, car ownership is soaring. chinese now own 230 million vehicles. compared to just five years ago, that's an increase of 50%. authorities have started to encourage safer road habits. on december 2nd they launched traffic safety day. it's an ann
parts of alabama, georgia, mississippi and parts of florida. the biggest city to be hit by numerous rare winter twisters as well as powerful straight line winds. forecasters say there could have been as many as 19 tornados that ripped through the area. trees and power lines are on the ground, leaving debris in the roadway. folks in texas are feeling from where parts of the system originated. >> i tell you what. i never seen one in real life. just to hear one from that far away, that is a mile from where we are and you could still hear it. it was pretty amazing. >> as far as i know there is a small town, maybe 10 miles from here, lovelady. blew the roof off of a bank into another house. that was a couple of structures. as far as i know a guy, he had a house a mile from here and it totally took it down. as you see by the size of the slab used to be a huge feed store and metal. it wasn't a weak building at all. it was a well-built building. man, it just, you see what it did to it. it is amazing. >> reporter: gregg, we talked about a lot of debris on the roadway. people are driving home from
home prices in the 20-city index grew 4.3% year-over-year. this is despite a slip one month earlier. phoenix led cities with 1.4% gain. marking the state's 1th straight month for growth. california and new york with only two cities with negative annual returns. this morning's case-shiller housing report could be a sure sign housing strength is do we expect it to gain momentum in 2013. day one of the outlook 2013. here to kick it off, ed pinto from the american enterprise institute. ed, let's say for argument sake we go flying off the fiscal cliff. what happens to housing? >> i think housing to some extent goes off with it. we'll end up with a recession and that will dampen homebuyers enthusiasm for buying homes and we'll see a downtick in house prices and uptick in foreclosures. tracy: that is good news. let's go glass half-full. they fix this ink it. fiscal cliff solved. housing market, what, what's the big thing that you think 2013 will bring? it is the year of rental. of new construction. what should we expect to see if all goes well in washington? >> what we should expect to see
. if you are in new york city, schoolteachers and firemen make $100,000 a year and they are easily in households the approach the limit. it depends and where you live. among high-income people, there is a wide range of what people pay in taxes. if you're a lawyer in washington, i find them to be reasonable people who work long hours. you are probably paying 28%. if you are on wall street and you are well-connected if you have a capacity to have your income defined as investment as opposed to salary even though it is indeed salary income. if you are somebody like jamie dimon or warren buffet, you can get away with 14% tax. the real problem with upper individuals are not the people who pay the taxes we intend for the to pay, but all the people who get away without paying any taxes at all. those tax breaks and write offs are derived by the president and by democrats, but they never seem to get fixed. one reason is republicans do not want them fixed. and the other hand, the democrats get a lot of campaign contributions from wall street. that is a real problem on both sides of the aisle
and then i asked other world leaders what they think about him. >> looking live at new york city, home of the united nations, world leaders from 193 countries are gathering for the annual meeting of the general assembly. president mahmoud ahmadinejad will address the assembly on wednesday. he had some blistering words today. >> you have been condemned very vociferously in america for a comment you have said to have made, that you wanted israel to be wiped off the map, wiped off the face of the earth. there have been many different interpretations what you said. you have disputed the meaning that was then translated from the original farsi. let me give you the opportunity to say exactly what you did say and to say exactly what you did mean. >> translator: we have been condemned in the united states for many things, for having deposed a dictator with the revolution, for having sought freedom and free elections, for not allowing our oil and national treasure to leave our country freely and for having stood up to very dangerous terrorists in the region, for having stood up against saddam h
at the same time he looked at a new york city janitor who might be working in that building. their average income $33,000 for the same year but with a tax rate of 24.9%. so the janitor who might work in that building is paying a tax rate ten points higher than the people who live in the building who have an average income of over $1.1 million. anybodyknow how justifies that as a fair sharing of the burden in this country. and warren buffet has been very clear as one of the wealthiest people in the world, certainly one of the wealthiest people in this country that he find it's prosperous that he pace a tax rate a 23r5x of the tax rate -- that he pays a tax rate that is a fraction of the tax rate paid by his executive assistant. so i would hope that in any final agreement that unearned income would be taxed on a basis more coatly equivalent to what earned income payers pay. now on the spending side of the equation we've had a lack of perspective. you've seen speakers calling for 600 billion in healthcare savings over the next ten years. the president said a lower number f. -- lower number. i
minimum wage is $7.25. cities and states can set their own wages higher. like san francisco. which will raise its to $10.55 an hour on january 1. >> little more money in the pocket of workers, they will have an opportunity to go out and spend more money. and grow the economy a little bit. >> taking money away from business owners and giving it to low-skilled workers is not a formula for growth that all economists support. >> raising the minimum wage is interfering with the free market process always costs jobs. it increases unemployment. >> two democratic lawmakers senator harken and congressman george miller want to raise federal minimum wage from $7.25 to $# .80 over two years but republican senator alexander says the focus should be on job training and he is for maximum wages, not minimum wages. doug? >> doug: thank you, peter. still ahead -- 2012 was a big year for political junkies. we'll have a recap of the year. first, mandarin is the language of choice for many american colleges. you heard that right. we list them for you. i've been taking a multivitamin for years. centrum
the others on the approach of this administration to our city interests? >> let me say that, you know, china is a bit far, but russia has interests in syria. you know, the way the russians see it is they've already suffered a steadfast with this overthrow of gadhafi and we were still closer to moscow at the time and much closer than to the united states. syria -- russia cannot be happy about the possible loss of another ally in the middle east. russia has a certain degree of interest in a naval base. you know, it's perch in the mediterranean and more importantly, russia knows and putin knows the central asia is park currently a powder keg that gets much less news than it deserves, and you thought the arab spring was tumultuous and occasionally violent, you were going to love central asia because central asia didn't have the european liberalizing effect on the intellectual like the arab world which is a proximate to europe. it had its intelligence the a completely polarized by stalin and i can go on and on. central asia could be a tinderbox and the last thing that russia wants to see is an is
convention, the former president kicked off his annual clinton global initiative conference in new york city. >> mika and i sat down with the president at the site of the cgi meeting on the same day that both president obama and mitt romney were set to speak there. >> how would you characterize how he's been handling the collective problems that we're seeing percolating across the middle east? >> well, i think that first of all, i think they've done pretty well in a very chaotic situation. the arab spring was always going to have ups and downs or bumps in the road or whatever you want to call it. in libya, the tragic situation of the lost of our ambassador and the other americans, it's worth pointing out a couple of things. first of all, most of the libyan people who were aware of what's going on like the united states, they like the fact that we aggressively supported them and their desire to replace the gadhafi regime and decades of control and repression and a move to a more democratic system. the president of libya has asked to meet with me. we're going to have a nice visit. i think tomo
Search Results 0 to 16 of about 17 (some duplicates have been removed)